Fabrinet Stock Price Down 9.86 percent on Nov 20
| FN Stock | USD 241.89 6.80 2.89% |
About 55% of Fabrinet's investors are presently thinking to get in. The analysis of overall sentiment of trading Fabrinet stock suggests that some investors are interested at this time. Fabrinet's investing sentiment overview a quick insight into current market opportunities from investing in Fabrinet. Many technical investors use Fabrinet stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Fabrinet |
Shares of Fabrinet fell 9.86 percent in mid-day trading on Nov 20. The stock reached an intraday low of 216.44, before recovering slightly to 224.21, down f
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Fabrinet Fundamental Analysis
We analyze Fabrinet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fabrinet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fabrinet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Fabrinet is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Fabrinet Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fabrinet stock to make a market-neutral strategy. Peer analysis of Fabrinet could also be used in its relative valuation, which is a method of valuing Fabrinet by comparing valuation metrics with similar companies.
Peers
Fabrinet Related Equities
| CLS | Celestica | 2.31 | ||||
| PLXS | Plexus Corp | 1.47 | ||||
| SANM | Sanmina | 1.46 | ||||
| BHE | Benchmark Electronics | 0.78 | ||||
| FLEX | Flex | 0.78 | ||||
| JBL | Jabil Circuit | 0.72 | ||||
| ROG | Rogers | 0.09 | ||||
| APH | Amphenol | 0.63 | ||||
| OSIS | OSI Systems | 0.86 | ||||
| MEI | Methode Electronics | 2.15 |
Check out Fabrinet Hype Analysis, Fabrinet Correlation and Fabrinet Performance. To learn how to invest in Fabrinet Stock, please use our How to Invest in Fabrinet guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fabrinet. If investors know Fabrinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fabrinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fabrinet is measured differently than its book value, which is the value of Fabrinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fabrinet's value that differs from its market value or its book value, called intrinsic value, which is Fabrinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fabrinet's market value can be influenced by many factors that don't directly affect Fabrinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fabrinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fabrinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fabrinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.